Farm Succession Planning: When to get started?

Succession planning continues to be one of the most challenging topics for farming families to deal with successfully and is the topic most frequently requested by our listeners.   This series of podcasts explores three key questions:   (1) Why is it so difficult for many families to get started on farm succession planning and when is the best time to start?   (2) What is the best process?   (3) How can we avoid some of the challenges that can occur in farm succession planning?   Judy Wilkinson has been providing consultancy to families on farm succession planning, more recently known as ‘Farm Business Transition’, for over 20 years. Her experience gives helpful insight into this often difficult process. Judy has also been involved in farming for many years at Snowtown, South Australia, [...]